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Sold for $2,360,000
  • Listed by: Ocean Palisades Realty, Inc. • Yoko Shishido • Contact: 310-378-8545
    Bought with: GLOBAL HOMES NETWORK
    $2,360,000

    10603 Palms Blvd, Los Angeles, CA 90034

    11beds
    9baths
    4,860sqft
    Mixed Use
    Built in 1915
    -- sqft lot
    $-- Zestimate®
    $486/sqft
    $2,405 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,405/mo

    Zestimate® history
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    What's special

    HUGE PRICE IMPROVEMENT!! Ocean Palisades Property is proud to present an exceptional investment opportunity in the heart of West Los Angeles boasting an impressive cap rate of 4.48%. This property offers a rare chance for owner-users to capitalize on its advantageous features, including a separate house within the premises. Extensive remodeling has been undertaken, resulting in a meticulously updated property that is sure to impress. Comprising the main residence, a 3-bedroom, 1-bath house, with the added bonus of a non-conforming bedroom along with a separate structure housing four units, each consisting of 2 bedrooms and 1.5 bathrooms. The units have been thoughtfully equipped with amenities, including window air conditioning, individual hot water heaters, new windows, and stylishly designed kitchens featuring new cabinets, quartz countertops, and mosaic backsplashes. Additionally, the units showcase the allure of new hardwood/laminate floors, stackable washer dryers, energy-efficient stainless steel appliances, and private patios. These lavish units also boast elegantly tiled bathrooms, exceptionally spacious closets, and the convenience of 10 parking spaces, further enhancing their desirability. This prime property in West Los Angeles offers an impressive cap rate alongside an opportunity for owner-users to capitalize on its alluring features. ADU opportunity!!

    Zillow last checked:

    Listing updated:

    Listed by:

    Yoko Shishido DRE #02065879 310-910-3553,

    Ocean Palisades Realty, Inc.

    Bought with:

    Yewmeng Lee, DRE #01838130

    GLOBAL HOMES NETWORK

    Source: CRMLS,MLS#: SB23022201MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 9
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Dishwasher, Disposal, Refrigerator, Water Heater
    • Laundry: Washer Hookup, Gas Dryer Hookup
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 4,860
    • Total interior livable area: 4,860 sqft

    Property

    Parking
    • Total spaces: 10
    Accessibility
    • Accessibility features: Parking
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 8,658 Square Feet
    • Features: Corner Lot
    Details
    • Parcel number: 4314019008
    • Zoning: LAR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1915

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    Green energy
    • Energy efficient items: Appliances

    Community & HOA

    Community
    • Features: Street Lights, Urban
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $486/sqft
    • Tax assessed value: $2,407,200
    • Annual tax amount: $29,824
    • Date on market: 2/9/2023
    • Cumulative days on market: 180 days
    • Listing terms: Cash,Cash to New Loan,Conventional
    • Tenant pays: Electricity, Gas

    Price history

    DateEventPrice
    5/1/2024Sold$2,360,000+0.4%$486/sqft
    Source: CRMLS #SB23022201 Report a problem
    8/11/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    7/26/2022Listed for rent$4,750+18.9%$1/sqft
    Source: Zillow Rental Manager Report a problem
    4/23/2021Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    3/17/2021Listed for rent$3,995$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    12/23/2019Listing removed$3,995$1/sqft
    Source: PMI Golden State DRE#02048802 Report a problem
    12/14/2019Price change$3,995-2.6%$1/sqft
    Source: Zillow Rental Network Report a problem
    12/4/2019Price change$4,100-4.7%$1/sqft
    Source: Zillow Rental Network Report a problem
    11/24/2019Listed for rent$4,300$1/sqft
    Source: Zillow Rental Network Report a problem
    3/31/2017Sold$2,350,000+95.8%$484/sqft
    Source: CLAW #17197178 Report a problem
    9/23/2005Sold$1,200,000+84.6%$247/sqft
    Source: Public Record Report a problem
    8/3/2001Sold$650,000+18.2%$134/sqft
    Source: Public Record Report a problem
    9/24/1999Sold$550,000+37.5%$113/sqft
    Source: Public Record Report a problem
    1/29/1999Sold$400,000$82/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$29,824 -21%$2,407,200 -21.1%
    2024$37,752 +2%$3,049,379 +2%
    2023$37,030 +4.8%$2,989,588 +2%
    2022$35,329 +1.2%$2,930,969 +2%
    2021$34,898 -1%$2,873,500 +1%
    2020$35,255 $2,844,037 +2%
    2019$35,255 +4.7%$2,788,272 +2%
    2018$33,669 $2,733,600 +93.5%
    2017$33,669 +89.3%$1,412,989 +2%
    2016$17,786 +2.4%$1,385,284 +1.5%
    2015$17,366 +32.7%$1,364,476 +36.4%
    2014$13,083 $1,000,000 +11.1%
    2011-- $900,000 +16.2%
    2009-- $774,465 -18.1%
    2008-- $946,020 +2%
    2007-- $927,472 +2%
    2006-- $909,287 +37.6%
    2005-- $660,620 +4%
    2004-- $634,969 +1.9%
    2003-- $623,332 +13.3%
    2000-- $550,000
    Find assessor info on the county website

    Neighborhood: Palms

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